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NBS Underwriting Named the UK’s Top-Performing MGA by Insurance DataLab

NBS Underwriting

3 July 2025

We’re incredibly proud to share that we’ve been named the best-performing MGA in the UK in the newly released Insurance DataLab MGA Performance Report 2025, published today (3 July).

This recognition is a major milestone for us — the result of a year of focus, momentum, and a relentless drive to support our broker partners through growth, specialism, and smart underwriting. And it’s all backed by independent analysis.

A Standout Performance in a Competitive Market

The Insurance DataLab MGA Performance Report provides a detailed, data-driven analysis of financial performance across the market, focusing on three key pillars: profitability, growth, and productivity. We’re proud to have received our first Insurance DataLab Gold Award, climbing to the very top of the national rankings with an overall performance rating of 76.7%.

This makes us not only the highest-rated MGA in the UK, but also the most improved, with a +20% increase on last year’s score of 63.7%. We outperformed the second-placed firm by 7.7%, a clear sign of the exceptional progress our team has made over the past year.

In a market where the average MGA rating remained flat at 53.4%, we’re proud to have pushed ahead with such strong and sustainable momentum.

A Moment to Celebrate — and Build On

“This result is hugely rewarding because it’s built on fact — from our reports and accounts — and independently assessed. It reflects the hard work of the whole team and our commitment to making brokers’ lives easy. We’ve worked hard to grow with purpose, focus on what we’re good at, and provide brokers with the service, schemes and support they need. We’re proud of this recognition, and even more excited about what’s ahead.” — Steve Cowman, Managing Director

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